NEW YORK, NY - November 17, 1997--Are you planning a vacation or a business
trip, or do you simply want to know what is happening with a luxury hospitality
leader? The answer, like so many answers today, is just a modem's dial-up
and a few keystrokes away.

Nikko Hotels International announces the launch of its Web site at www.nikkohotels.com.
The site, created by
CCG Online of Denver, Colorado, provides detailed information on each
of the luxury Nikko Hotels International
properties around the world as well as their Nikko Ryokan and JAL City
establishments.

Visitors to the site who enter the online sweepstakes contest will have
the opportunity to win a trip for two to the
Nikko Hotels International destination hotel of their choice. From
now until the end of the year, guests who book
Nikko Hotels International visits on the Web site will receive 30 to
50% off the regular room rates, subject to
availability. Discount stay dates extend from December 1, 1997 to March
31, 1998.

Web visitors will also find cutting-edge, multimedia features and interactive
map navigation. The special
navigation allows users to find the perfect hotel for their needs with
greater ease and fewer page downloads than
traditional online maps.

"The Nikko Hotels International Web site is designed specifically for
ease-of-use and interactive communication
with our customers around the world," said Evelyne Sansaricq, Director,
Marketing Support Global Distribution,
Nikko Hotels International. "The site is designed so that users can
view information about our portfolio of hotels
worldwide, and even make reservations online."

Users may select from a variety of options:

Hotels-- Detailed profiles of all
Nikko Hotels International luxury properties worldwide, including brief
descriptions of two additional chains: The Nikko Ryokan Collection and
Hotel JAL City.

Meeting Planning-- Information on
each hotel consists of facilities, listings, meeting planning and local
information, and in many cases, a photo and area map. This section
provides an online request-for-proposal form allowing event planners to
instantly send their requirements to Nikko Hotels International and receive
a quick
response.

Corporate Information-- This area
provides news releases about new hotels and programs, historical information
and brief corporate fact sheets.

Reservations-- A link to the central
reservations system, which allows travelers to secure their business and
leisure travel plans online. A user can link directly from a hotel's page
to 'check availability' and obtain the most current rates in one easy step.

E-Mail Updates-- Users have
the option to subscribe to an e-mail newsletter which features last-minute
specials and important travel information.

Feedback-- Users can also E-mail
comments about the Nikko Hotels International properties, and receive a
reply from a Nikko Hotels International executive.

"We've made the graphics visually appealing yet easy to download, so
users don't have to endure long delays as
they wait for the pages to appear on their computer screens," said
Sansaricq. "Because our company and our
customers span the globe, our Web site provides quick and easy access
to a broad scope of information. Our
Web site is designed to help customers privately examine their options
at their own pace and to take a look at
some locations around the world where they might not have traveled
before."

Nikko Hotels International will continuously enhance the site, adding
additional functionality, in the forthcoming
months. Plans include a Japanese language version of the complete site
as well as a comprehensive meeting
planner guide.

Nikko Hotels International is an international luxury hotel chain owned
and operated by JAL Hotels Company,
Ltd., a subsidiary of Japan Airlines Development Company, Ltd., headquartered
in Tokyo, Japan. Nikko Hotels
International has 44 hotels worldwide, in Europe, North America and
throughout the Asia/Pacific region. In
addition to Nikko Hotels International, JAL Hotels Company, Ltd. owns
and operates JAL City Hotels, a chain of
business hotels in Japan, and independent hotel properties.